Search
Thriving Bar & Event Center
For Sale
$219,900

508 W Market Street, Steamboat Rock, IA 50672

MULTI_FAMILY - Steamboat Rock, IA

Property Size9,924 SF
Lot Size0.54 Acres
Price / SF$22.16
Days on Market657

Property Features for 508 W Market Street

General Information

Property type Residential Multi Family
Property subtype Other
Basement Full
Directions google maps
Standard status Active
APN 881928253014
Size 9,924 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Multiple Parcels - Please ask agent and ask for abstracting or beacon
Tax Annual Amount 5041
Legal Description Multiple Parcels - Please ask agent and ask for abstracting or beacon

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Building materials Brick, Metal Siding
Listing Agency: Oakridge Real Estate
Listed By: Gabrielle Mitchell · License #***
Added: Nov 6, 2024 Changed: Apr 14 Last Checked: Aug 25 at 7:06PM
MLS# 6330971

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This successful bar and event center, located in a prime location, offers over 9900 square feet of space and includes 2 garages. The property features an operable bar, a spacious game room, and an event center room suitable for private parties, corporate events, and live entertainment. Two storage rooms with garage doors provide ample space for inventory and equipment. There is potential for a complete kitchen behind the bar, opening opportunities for food service. A Golf Simulator Room, featuring a Pro-Series widescreen, offers an additional income stream, suitable for hosting tournaments or renting out to enthusiasts. Regular events such as live bands and food truck nights attract a diverse crowd. Located on the west side of the bar, an apartment or adaptable office spaces provide the option for additional rental income or convenient living quarters for the owner/operator. The exterior includes a large beer garden, an outdoor patio, a rear entrance, and private garage parking. The property is situated on a 0.54-acre lot.

Key Highlights

  • Operable bar with ongoing business ensures immediate income and seamless transition
  • 9900+ sq ft venue with bar, game room, and event center for diverse revenue streams
  • Rare Pro‑Series Golf Simulator (valued at $85,000+) provides a unique income opportunity

Property Analytics

Current Use

Happenings Bar & Pub

Suggested Use

Top Pick Electrical Service Auto Repair Shop Storage Facility Big Box & Wholesale Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50672, IA

532
Population
262
Households
2
Avg Household Size
49
Median Age
15%
College-Educated
92%
High-School Grad
37.3 sq mi
ZIP Area
14
Density / Sq Mi
$64,063
Median Household Income
$41,250
Median Earnings
$731
Median Rent
$127,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lounge & Restaurant 398 W Market St, Steamboat Rock, IA 50672
  • Happenings 508 W Market St, Steamboat Rock, IA 50672

Frequently Asked Questions

What type of property is this?
Bar & Pub - Successful bar and event center with multiple income streams.
Where is this bar & pub located?
The property is located at 508 W Market Street Steamboat Rock, IA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Operable bar with ongoing business ensures immediate income and seamless transition; 9900+ sq ft venue with bar, game room, and event center for diverse revenue streams; Rare Pro‑Series Golf Simulator (valued at $85,000+) provides a unique income opportunity
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message